January 1, 1970 by CoinGragate

Blockchain Technology to Power Next-Generation Distributed Supercomputers

Supercomputers are ultrahigh-performance machines that crunch numbers at dazzling speeds in order to advance research in aerospace, climate science, fundamental physics and cosmology, genomics, and medicine — not to mention more mundane applications like big data and financial analysis. Supercomputing research in the U.S. received a boost with the National Strategic Computing Initiative (NSCI), introduced…

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January 1, 1970 by CoinGragate

Bitcoin Magazine’s Top 6 News Stories of 2016

Bitcoin, digital currency and blockchain technology experienced another explosive year in 2016. While bitcoin breached the all-time high in USD market cap, several new digital currencies claimed a place in the spotlights as well, while the blockchain buzz arguably peaked it all. Of course, Bitcoin Magazine kept up with all of it. Looking back on…

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January 1, 1970 by CoinGragate

Bitcoin Magazine’s Top 6 Business Stories of 2016

Bitcoin, digital currency and blockchain technology experienced another explosive year in 2016. While bitcoin breached the all-time high in USD market cap, several new digital currencies claimed a place in the spotlights as well, while the blockchain buzz arguably peaked it all. Of course, Bitcoin Magazine kept up with all of it. Looking back on…

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January 1, 1970 by CoinGragate

Op Ed: The New Age of Blockchain Entrepreneurship

As the new year approaches, many aspiring entrepreneurs may consider taking a leap into the world of Bitcoin, blockchains and distributed ledger technologies. Allow this to serve as a note of caution and advice.   Most important: this technology is growing up. (Not-so)-crazy ideas have become tangible proof-of-concepts with major institutions across a variety of…

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January 1, 1970 by CoinGragate

Bitcoin Magazine’s Top 6 Tech Trends of 2016

Bitcoin, digital currency and blockchain technology experienced another explosive year in 2016. While bitcoin breached the all-time high in USD market cap, several new digital currencies claimed a place in the spotlights as well, while the blockchain buzz arguably peaked it all. Of course, Bitcoin Magazine kept up with all of it. Looking back on…

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January 1, 1970 by CoinGragate

The Teechan Solution: Scaling Bitcoin With Trusted Hardware

Scalability has been a central issue within the Bitcoin community for well over a year now. Amongst the most promising innovations being developed are bidirectional payment channels. These can be extended to the Lightning Network, allowing users to transact securely with minimal footprint on the blockchain. Performance of these solutions would be significantly improved by Segregated Witness, the protocol upgrade…

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January 1, 1970 by CoinGragate

If There Is an Answer to Selfish Mining, Braiding Could Be It

Centralization of mining pools is often considered one of the biggest problems Bitcoin faces. Only a handful of pools typically control well over half of all hash power on the network, and there is little indication this trend will reverse anytime soon. While several dynamics contribute to pool centralization, one important factor is “orphan rates”…

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January 1, 1970 by CoinGragate

UAE Pushes Blockchain Tech Development to Become a Leading Center for Innovation

The United Arab Emirates is ramping up blockchain development in a bid to become, by 2020, a leading center for innovation and the first government in the world to execute all of its transactions on a blockchain. The move seeks to cut an estimated 100 million paper transactions annually and reduce the 25 million hours…

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January 1, 1970 by CoinGragate

Plantoids: The First Blockchain-Based Artificial Life Forms

At a first, superficial glance, a Plantoid is “a welded mechanical sculpture on display in a public space — an aesthetic ornament that exhibits its mechanical beauty and begs to be appreciated by the public.” But the sculpture is only the visible part of a new, blockchain-based Artificial Life (ALife) form. You can’t buy a…

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January 1, 1970 by CoinGragate

BNP Paribas Pilots Real-Time Corporate Payments on the Blockchain for Large Corporate Clients

BNP Paribas, one of the world’s top banks, announced that it has processed real-time payments for two of its longstanding corporate clients, Amcor, a global leader in packaging solutions, and Panini Group, an international leader in collectables and trading cards using blockchain technology. BNP Paribas has successfully processed and cleared payments in various currencies for…

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